Comments on: Jobs: Worst Returns on Academic Investment

By: jim

jim — Fri, 19 Aug 2005 12:10:49 +0000

Yeah, I was a little hesitant to use ROI (hence it appear in quotes and with qualifiers) for that reason – it’s contrained to $$$ when a job is much more than that. I’d be interested to read that Time article though…

By: risk

risk — Thu, 18 Aug 2005 23:20:45 +0000

en… that’s ROI (Return on investment), which is, 99% of the time, constrainted in monetary term since it’s too hard to measure non-monetary return. I’d like to know their happiness on academic investment. “Time” magazine recently had an issue on “happiness”. Stat shows that once annual income passes 39k (40k?), higher income groups don’t feel happier than lower income groups.

By: andy

andy — Thu, 18 Aug 2005 02:21:46 +0000

Toss Social Worker and Teacher on the list. My wife’s a social worker, to get any decent job you need a Master’s degree. You have to WANT that job, because you’ll be paying for the education for your entire career. I’m glad she went to a state school for her undergrad degree, her Master’s alone cost almost twice her annual salary.

Teachers are in about the same position. I’m not sure how CNN missed them on their list, as the analysis seems to be about the same for Architect as reality is for Social Work and Teaching. Maybe better.

By: Nikki

Nikki — Wed, 17 Aug 2005 17:00:39 +0000

You hit the nail on the head. Wonder if they surveyed any of the people in different careers (in another survey of course) for job satisfaction. I took a considerable pay cut recently just for my peace of mind.

It’s not all about the benjamins.

By: kripal

kripal — Wed, 17 Aug 2005 15:06:25 +0000

agreed . folks who enter those profession do out of their interest . plus when they are settled in these profession it comes with a great stability .